This report examines the economic impacts of FY 2011-2012 biennial state budget changes for the areas of health and human services and education.  Economic impacts are computed for several different budget scenarios, including budgets proposed by former Governor Tim Kaine, the House of Delegates, the Senate, and a House-Senate budget conference committee agreement approved on March 13, 2010.  The Commonwealth Institute for Fiscal Analysis provided information on Virginia budget spending reductions by major category and budgeting governmental body.  These spending reductions were converted to variable inputs for use in a REMI PI+ (Regional Economic Models, Inc. Policy Insight Plus) model calibrated for Virginia.  Economic impact results are reported in terms of employment by major industry, gross domestic product, and personal income.